Ocala March

I am not sure what to make of the March sale at Ocala. Last year West Point did not buy a single horse, and Eclipse bought only 2 (neither has started). Myracehorse.com paid $500,000 for an Into Mischief that has been a disaster. Very few other partnerships bought horses at this early sale. I get the feeling this is where pinhookers go to cut their losses early.

I invested in a Super Saver filly that Pewter bought at this sale, and she required 6 months of rest because she was not done growing. This is a story that deeply troubles me.

What are the motivations of the sellers in this early sale? Why not wait until mid April, at least with your better horses, for the main sale at Ocala?

On the other hand the Tonalist colt out of a Lemon Drop Kid mare was bought by Hibiscus in this sale. He was ready to go at Saratoga except for a freak stall accident.

My instinct is to stay away, but I still have to watch. There are 563 horses in the catalog. Maybe the next Derby winner is hiding in there,

Published by Gregg Jahnke

I was a professional investor for over 30 years. Now I spend my time trying to pick horses rather than stocks.

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